The council has agreed to set up an executive together with a system of scrutiny panels and local area committees, which will meet in public.
'Our new executive style of local government gives us the best of both worlds - fast and flexible decision making together with proper and open scrutiny of decisions,' said Donald Anderson, leader of the Labour-controlled council.
The cabinet is expected to consist of between 10 and 15 members, all of them drawn from the Labour group. These details, and others such as the number of local area committees, will be put out for consultation, with phased implementation due to begin in June.
South Lanarkshire has also announced its intention to adopt a similar structure, but has delayed its decision until later this year.
A few others, such as Aberdeen City Council, have reviewed their political structures but opted in favour of reforming the existing committee system.
The Scottish Executive has appointed former South Lanarkshire chief executive Alastair McNish to head a leadership advisory panel which will review the progress councils are making with the modernisation agenda.
'I would imagine that by the end of the year most councils will have conducted their review,' said Scottish Local Government Information Unit director Paolo Vestri.